In millions, except per share items | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A |
Interest income: |
Interest income on loans | 91.3 | 72.0 | 57.5 | 44.9 | 35.3 | 28.4 | 24.6 | 19.5 |
Interest income on investments | 3.5 | 3.4 | 3.2 | 3.1 | 3.1 | 2.5 | 2.1 | 2.5 |
| 98.3 | 77.1 | 61.6 | 48.4 | 38.7 | 31.0 | 26.8 | 22.2 |
Interest on deposits | 23.8 | 12.9 | 9.4 | 7.8 | 5.8 | 4.2 | 4.1 | 3.7 |
Total interest expense | 37.2 | 21.1 | 14.2 | 10.2 | 7.1 | 5.0 | 5.1 | 5.6 |
Net interest income | 61.1 | 56.1 | 47.4 | 38.2 | 31.6 | 26.0 | 21.7 | 27.9 |
Provision for loan losses | 1.7 | 2.8 | 2.4 | 2.3 | 1.6 | 1.5 | 2.7 | 2.3 |
Net interest income after provision for loan losses | 59.4 | 53.3 | 45.0 | 35.9 | 30.0 | 24.5 | 19.0 | 25.6 |
Deposit and loan fees | | | | 0.9 | 0.9 | 0.9 | 0.8 | |
Gain on sale of investments, net | 1.4 | | | | | 0.0 | 0.1 | |
Other non-interest income | 3.6 | 3.6 | 2.8 | 2.3 | 2.4 | 2.6 | 3.8 | 4.5 |
Total non-interest income | 5.0 | 3.6 | 2.8 | 3.2 | 3.3 | 3.6 | 4.7 | 4.5 |
Non-interest expenses | 33.0 | 30.7 | 28.3 | 27.8 | 26.5 | 25.1 | 21.5 | 18.2 |
Pre-tax income | 31.4 | 26.3 | 19.4 | 11.2 | 6.9 | 3.0 | 2.1 | 0.6 |
Income taxes | 8.5 | 11.9 | 7.4 | 4.3 | 2.6 | 1.0 | 0.7 | 0.3 |
Tax rate | 27.1% | 45.2% | 38.3% | 38.5% | 37.4% | 34.7% | 33.7% | 49.7% |
Net income | 22.9 | 14.3 | 11.8 | 6.7 | 4.2 | 1.9 | 1.4 | 0.3 |
Net margin | 35.5% | 25.1% | 24.7% | 17.3% | 12.5% | 6.7% | 5.9% | 1.0% |
|
Basic EPS | $2.44 | $1.55 | $1.33 | $0.78 | $0.49 | $0.22 | $0.16 | $299.00 |
Diluted EPS | $2.44 | $1.55 | $1.33 | $0.78 | $0.49 | $0.22 | $0.16 | $299.00 |
|
Shares outstanding (basic) | 9.4 | 9.2 | 8.9 | 8.7 | 8.5 | 8.4 | 8.7 | 0.0 |
Shares outstanding (diluted) | 9.4 | 9.2 | 8.9 | 8.7 | 8.5 | 8.4 | 8.7 | 0.0 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |